Economics/Globalization of the economy

QuestionHas the increasingly globalized economy helped or hurt US workers and consumers in the past 25 years? (Please keep in mind that we do not privilege any specific position.)

AnswerThank you for your query. In my opinion, those industries heavily subsidized or with unionized workers, which enjoy government protection, lose competitiveness in a more globalized world. Thus, these may be kept alive for a while but in the end they will collapse. Good luck.